• Home
  • About
  • Products & Services
  • Producers
  • Loss Control Center
  • Claims
  • Careers
  • Contact Us
  • Make a Payment
  • Producer Portal
  • Request a Quote
  • Contact Us
  • 1.800.752.1895
Pennsylvania Lumbermens Mutual Insurance Company for wood products industry
MENUMENU
  • About
        • About Pennsylvania Lumbermens Mutual

        • Pennsylvania Lumbermens Mutual Insurance Company
          • About
          • Why PLM?
          • History
          • Timeline
          • Leadership
          • Newsroom
          • Financials
          • Quick Links

          • 125th Anniversary
          • A Culture of Caring
          • Newsletters
            • Subscribe
            • Lumber Memo Archive
            • Producer Update Archive
  • Products & Services
        • Products & Services

        • Specialized property & casualty insurance for the woodworking and building material industries.
          • Products Overview
          • Who We Protect
          • Coverages
          • Business Development Representatives
          • Payment Options
          • Dividends
          • Request a Quote
          • Quick Links

          • Locate a Business Development Representative
          • Stock Reporting Form
  • Claims
  • Producers
  • Loss Control Center
        • Loss Control Center

        • Reduce insurance risk in the wood products and lumber industry
          • Loss Control Center

          • Loss Control Center Home
          • Loss Control Guides

          • Operations
          • Auto / Fleet
          • Fire
          • Machinery
          • Risk Management Resources

          • Safety Training Videos
          • Distracted Driving - Phone
          • Continuous MVR Monitoring
          • Portable Alert System
          • Telematics
          • Combustible Dust Solutions
          • Safety Materials
          • Additional Safety Resources
          • Protective Devices
          • Quick Links

          • Locate a Loss Control Representative
  • Careers

Financials

    About

    • Why PLM?
    • History
    • Timeline
    • Leadership
    • Newsroom
      • Lumber Memo
      • Subscribe
      • Producer Update
      • Coronavirus Disease 2019 (COVID-19) Resource Center
    • Financials
    • 125th Anniversary
You are here: Home / About / Financials

Download our 2019 Annual Report

Download PDF

(file size: 15MB)

  • There were 11,331 inforce policies with PLM at the end of 2019.

  • We wrote 384 new accounts generating over $13.7 million of new business premium in 2019.

  • Over 2,116 brokers partner with PLM throughout the continental U.S.

  • PLM ended 2019 with a combined ratio of 105.8%.

PLM Annual Report 2019
  • We wrote $190 million in direct written premium in 2019 with an 82.3% policy count retention and 83.6% premium retention.

  • Our total assets surpassed $507 million in 2019.

  • We participated in 125 wood-related industry conventions, meetings and events, and 82 broker conventions, meetings and events in 2019.

  • We were recognized as one of the 2019 Top Workplaces by The Philadelphia Inquirer.

A.M. Best rating

A- (Excellent) for 2020 with a Stable Outlook by A.M. Best Rating Services, Inc., the insurance credit rating source.

Pennsylvania Lumbermens Mutual Insurance Company
One Commerce Square
2005 Market Street, Suite 1200
Philadelphia, PA 19103

Toll Free: 1.800.752.1895
Fax: 215.625.9097
CustServ@plmins.com

           
  • About
  • Products & Services
  • Claims
  • Producers
  • Loss Control Center
  • Careers
  • Newsroom
  • Contact Us
PLM Celebrates 125 in wood products insurance
Subscribe to our newsletter
  • Legal
  • Privacy Policy
  • Sitemap
Ⓒ 2020 PLM. All Rights Reserved.